Case details for Nathan  Anidugbe

Name: Nathan  Anidugbe

Name: 92BRICKS LIMITED

Date of Birth: 13 / 10 / 1988

Date Order Starts: 5 / 2 / 2026

Disqualification Length: 11 Years 0 Month(s)

CRO Number: 12039897

Last Known Address: Flat 2,, Jersey House,, Clifton Road,, , LONDON,, N1 2JF

Conduct: On 14 July 2020, Nathan Anidugbe (‘Mr Anidugbe’) caused 92BRICKS LIMITED (‘92Bricks’) to breach the terms of the Bounce Back Loan (“BBL”) Scheme by overstating its turnover in a BBL application, resulting in the company receiving £50,000, when he knew or ought to have known that 92Bricks was not eligible for a loan of that amount, in that:   • The Bounce Back Loan (“BBL”) criteria allowed a company to borrow between £2,000 and a maximum of £50,000 based on 25% of the company’s turnover for the 2019 calendar year, or where a business was established after 01 January 2019 it is the estimated annual turnover, from the date the company began to trade. • 92Bricks was incorporated on 10 June 2019 and as such an estimated turnover figure was permitted on the BBL application. • On 14 July 2020, Mr Anidugbe applied for a BBL of £50,000 on behalf of 92Bricks, declaring a turnover of £200,000 and on 16 July 2020, the £50,000 BBL funds were paid into the company bank account. • Bank statements for 92Bricks’ account from the date the account was opened on 31 December 2019 to the date of the BBL application on 14 July 2020 record a single credit transaction of £500 which was paid to Mr Anidugbe’s co-director. Following receipt of the BBL on 16 July 2020 to 12 July 2022, no income is recorded as being paid into 92Brick’s bank account. The only credit transactions into the account during this period consist of HMRC Job Retention Scheme payments and refunds. • No evidence has been provided in support of the estimated turnover figure of £200,000 and based on 92Bricks’ bank statements, Mr Anidugbe knew or ought to have known that this figure was an overstatement. • On 29 January 2021, £25,000 of the BBL funds were paid to a company connected to Mr Anidugbe’s former co-director. No evidence has been provided that this was for the economic benefit of 92Bricks, contrary to the terms and conditions of the BBL scheme. • 92Bricks entered Creditors Voluntary Liquidation on 01 June 2023. • At liquidation, 92Bricks sole liability was £51,215 in respect of the outstanding BBL. 

This information is correct as at 16 / 1 / 2026



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